NASDAQ:KRMD KORU Medical Systems (KRMD) Stock Forecast, Price & News $2.70 -0.08 (-2.88%) (As of 09/29/2023 ET) Add Compare Share Share Today's Range$2.65▼$2.8250-Day Range$2.37▼$3.0852-Week Range$2.13▼$4.48Volume42,490 shsAverage Volume50,017 shsMarket Capitalization$123.23 millionP/E RatioN/ADividend YieldN/APrice Target$3.88 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media KORU Medical Systems MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside43.5% Upside$3.88 Price TargetShort InterestHealthy0.81% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.44Based on 2 Articles This WeekInsider TradingAcquiring Shares$114,828 Bought Last QuarterProj. Earnings GrowthGrowingFrom ($0.20) to ($0.16) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.38 out of 5 starsMedical Sector263rd out of 970 stocksSurgical & Medical Instruments Industry35th out of 99 stocks 3.5 Analyst's Opinion Consensus RatingKORU Medical Systems has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $3.88, KORU Medical Systems has a forecasted upside of 43.5% from its current price of $2.70.Amount of Analyst CoverageKORU Medical Systems has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.81% of the float of KORU Medical Systems has been sold short.Short Interest Ratio / Days to CoverKORU Medical Systems has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in KORU Medical Systems has recently increased by 7.69%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldKORU Medical Systems does not currently pay a dividend.Dividend GrowthKORU Medical Systems does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for KRMD. Previous Next 2.5 News and Social Media Coverage News SentimentKORU Medical Systems has a news sentiment score of 0.44. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.68 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 2 news articles for KORU Medical Systems this week, compared to 1 article on an average week.MarketBeat Follows2 people have added KORU Medical Systems to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, KORU Medical Systems insiders have bought more of their company's stock than they have sold. Specifically, they have bought $114,828.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders25.60% of the stock of KORU Medical Systems is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions40.35% of the stock of KORU Medical Systems is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for KORU Medical Systems are expected to grow in the coming year, from ($0.20) to ($0.16) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of KORU Medical Systems is -15.88, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of KORU Medical Systems is -15.88, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioKORU Medical Systems has a P/B Ratio of 3.91. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About KORU Medical Systems (NASDAQ:KRMD) StockKORU Medical Systems, Inc. designs, manufactures, and markets portable medical devices primarily for the subcutaneous drug delivery market in the United States and internationally. It offers mechanical infusion product comprising the FREEDOM infusion systems that include the FREEDOM60 syringe driver, the FreedomEdge syringe driver, HIgH-Flo subcutaneous safety needle sets, and precision flow rate tubing. The company also provides education and training materials to clinicians, patients, and patient advocates. It sells its products through direct sales and medical device distributors, as well as online. The company was incorporated in 1980 and is headquartered in Mahwah, New Jersey.Read More KRMD Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart KRMD Stock News HeadlinesSeptember 15, 2023 | finance.yahoo.comKORU Medical Systems to Participate in the Gilmartin Group Emerging Growth Company ShowcaseSeptember 7, 2023 | msn.comLake Street Initiates Coverage of KORU Medical Systems (KRMD) with Buy RecommendationSeptember 30, 2023 | Chaikin Analytics (Ad)This Stock Could Go Up 66% or More.Marc Chaikin built the system that isolated NVDA before it became the best-performing stock of 2023. Click here to get his latest buy. More here.September 7, 2023 | markets.businessinsider.comBreaking The Hospital Chain: Analyst On How KORU's Self-Administered Therapies Promise 20% CAGR Through 2026September 7, 2023 | msn.comB. Riley Securities Initiates Coverage of KORU Medical Systems (KRMD) with Buy RecommendationSeptember 7, 2023 | finance.yahoo.comKORU Medical Systems, Inc. (NASDAQ:KRMD) has caught the attention of institutional investors who hold a sizeable 34% stakeAugust 11, 2023 | finance.yahoo.comCompanies Like KORU Medical Systems (NASDAQ:KRMD) Are In A Position To Invest In GrowthAugust 9, 2023 | finance.yahoo.comKORU Medical Systems, Inc. Announces 2023 Second Quarter Financial Results and Updates Full Year 2023 OutlookSeptember 30, 2023 | Altimetry (Ad)Fraud Expert: Dump these three popular stocksA major (and legal) market manipulation scheme is about to play out. It could cost you a fortune – or double your money. You choose. Find out what he knows, here.August 8, 2023 | benzinga.comEarnings Preview For KORU Medical SystemsAugust 8, 2023 | finance.yahoo.comKORU Medical Systems to Participate in the Genuity 43rd Annual Growth ConferenceAugust 4, 2023 | msn.comPiper Sandler Maintains KORU Medical Systems (KRMD) Overweight RecommendationAugust 3, 2023 | msn.comKORU Medical Systems expects Q2 revenue growth at 6%August 3, 2023 | finance.yahoo.comKORU Medical Systems, Inc. Announces Preliminary Second Quarter 2023 Revenues and Provides Business, Outlook and Executive UpdatesJuly 31, 2023 | finance.yahoo.comKORU Medical Systems to Report Second Quarter Financial Results on August 9, 2023July 28, 2023 | finance.yahoo.comKORU Medical Systems Announces Novel Therapies Collaboration for Late-Stage Endocrinological BiologicJuly 10, 2023 | finance.yahoo.comKORU Medical Systems, Inc. Announces 510(K) Submission for Freedom60® Infusion System With Hizentra® 50 Ml Prefilled SyringesJune 27, 2023 | seekingalpha.comKORU Medical Systems appoints CFOJune 27, 2023 | finance.yahoo.comKORU Medical Systems, Inc. Names Andrew LaFrence as Chief Financial OfficerJune 1, 2023 | finance.yahoo.comThose who invested in KORU Medical Systems (NASDAQ:KRMD) five years ago are up 184%May 9, 2023 | finance.yahoo.comKORU Medical Systems, Inc. (NASDAQ:KRMD) Q1 2023 Earnings Call TranscriptMay 5, 2023 | finance.yahoo.comKORU Medical Systems, Inc.'s (NASDAQ:KRMD) Share Price Matching Investor OpinionMay 4, 2023 | msn.comKORU Medical Systems reports Q1 results, reaffirms FY 2023 revenue guidanceMay 4, 2023 | nasdaq.comKORU Medical Systems Inc. (KRMD) Reports Q1 Loss, Tops Revenue EstimatesMay 4, 2023 | finance.yahoo.comKORU Medical Systems, Inc. Announces 2023 First Quarter Financial ResultsApril 27, 2023 | nasdaq.comWill KORU Medical Systems Inc. (KRMD) Report Negative Earnings Next Week? What You Should KnowApril 21, 2023 | finance.yahoo.comKORU Medical Systems to Report First Quarter Financial Results on May 4, 2023See More Headlines Receive KRMD Stock News and Ratings via Email Sign-up to receive the latest news and ratings for KORU Medical Systems and its competitors with MarketBeat's FREE daily newsletter. Email Address KRMD Company Calendar Last Earnings8/09/2023Today9/30/2023Next Earnings (Estimated)11/08/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Surgical & medical instruments Sub-IndustryN/A SectorMedical Current SymbolNASDAQ:KRMD CUSIPN/A CIK704440 Webwww.korumedical.com Phone(845) 469-2042Fax845-469-5518Employees85Year FoundedN/APrice Target and Rating Average Stock Price Forecast$3.88 High Stock Price Forecast$4.50 Low Stock Price Forecast$3.00 Forecasted Upside/Downside+43.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)($0.17) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-8,660,000.00 Net Margins-27.55% Pretax Margin-33.95% Return on Equity-26.65% Return on Assets-20.37% Debt Debt-to-Equity Ratio0.01 Current Ratio5.53 Quick Ratio4.23 Sales & Book Value Annual Sales$27.90 million Price / Sales4.42 Cash FlowN/A Price / Cash FlowN/A Book Value$0.69 per share Price / Book3.91Miscellaneous Outstanding Shares45,640,000Free Float33,955,000Market Cap$123.23 million OptionableNot Optionable Beta0.37 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMs. Linda M. Tharby (Age 55)Pres, CEO & Director Comp: $962.6kMr. Thomas Adams (Age 50)Chief Financial Officer Comp: $381.9kMr. Brian Case (Age 50)Chief Technology Officer Comp: $356.31kMr. Christopher PazdanSr. VP of OperationsMr. Rob CannonVP of SalesKey CompetitorsClearPoint NeuroNASDAQ:CLPTApyx MedicalNASDAQ:APYXSight SciencesNASDAQ:SGHTInovio PharmaceuticalsNASDAQ:INODarioHealthNASDAQ:DRIOView All CompetitorsInsiders & InstitutionsJoseph M Jr. MankoBought 10,000 shares on 8/21/2023Total: $26,500.00 ($2.65/share)Osaic Holdings Inc.Bought 4,895 shares on 8/21/2023Ownership: 0.094%California State Teachers Retirement SystemBought 11,628 shares on 8/21/2023Ownership: 0.025%Joseph M Jr. MankoBought 10,000 shares on 8/18/2023Total: $25,400.00 ($2.54/share)Linda M TharbyBought 5,272 shares on 8/18/2023Total: $13,338.16 ($2.53/share)View All Insider TransactionsView All Institutional Transactions KRMD Stock - Frequently Asked Questions Should I buy or sell KORU Medical Systems stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for KORU Medical Systems in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" KRMD shares. View KRMD analyst ratings or view top-rated stocks. What is KORU Medical Systems' stock price forecast for 2023? 4 Wall Street analysts have issued 12 month target prices for KORU Medical Systems' stock. Their KRMD share price forecasts range from $3.00 to $4.50. On average, they expect the company's share price to reach $3.88 in the next year. This suggests a possible upside of 43.5% from the stock's current price. View analysts price targets for KRMD or view top-rated stocks among Wall Street analysts. How have KRMD shares performed in 2023? KORU Medical Systems' stock was trading at $3.57 at the beginning of the year. Since then, KRMD stock has decreased by 24.4% and is now trading at $2.70. View the best growth stocks for 2023 here. Are investors shorting KORU Medical Systems? KORU Medical Systems saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 338,900 shares, an increase of 7.7% from the August 31st total of 314,700 shares. Based on an average trading volume of 89,500 shares, the short-interest ratio is currently 3.8 days. Currently, 0.8% of the shares of the stock are short sold. View KORU Medical Systems' Short Interest. When is KORU Medical Systems' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023. View our KRMD earnings forecast. How were KORU Medical Systems' earnings last quarter? KORU Medical Systems, Inc. (NASDAQ:KRMD) released its quarterly earnings results on Wednesday, August, 9th. The company reported ($0.05) earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of ($0.05). The company had revenue of $6.94 million for the quarter, compared to analyst estimates of $6.93 million. KORU Medical Systems had a negative net margin of 27.55% and a negative trailing twelve-month return on equity of 26.65%. What guidance has KORU Medical Systems issued on next quarter's earnings? KORU Medical Systems updated its FY 2023 earnings guidance on Thursday, August, 10th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $31.00 million-$32.50 million, compared to the consensus revenue estimate of $31.51 million. What other stocks do shareholders of KORU Medical Systems own? Based on aggregate information from My MarketBeat watchlists, some companies that other KORU Medical Systems investors own include NVIDIA (NVDA), Enphase Energy (ENPH), Alibaba Group (BABA), Walt Disney (DIS), PennyMac Financial Services (PFSI), Inseego (INSG), Micron Technology (MU), Advanced Micro Devices (AMD), Marvell Technology (MRVL) and Taiwan Semiconductor Manufacturing (TSM). What is KORU Medical Systems' stock symbol? KORU Medical Systems trades on the NASDAQ under the ticker symbol "KRMD." How do I buy shares of KORU Medical Systems? Shares of KRMD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is KORU Medical Systems' stock price today? One share of KRMD stock can currently be purchased for approximately $2.70. How much money does KORU Medical Systems make? KORU Medical Systems (NASDAQ:KRMD) has a market capitalization of $123.23 million and generates $27.90 million in revenue each year. The company earns $-8,660,000.00 in net income (profit) each year or ($0.17) on an earnings per share basis. How can I contact KORU Medical Systems? KORU Medical Systems' mailing address is 24 CARPENTER RD, CHESTER NY, 10918. The official website for the company is www.korumedical.com. The company can be reached via phone at (845) 469-2042, via email at dsullivan@equityny.com, or via fax at 845-469-5518. This page (NASDAQ:KRMD) was last updated on 9/30/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding KORU Medical Systems, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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